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Ex-Grosvenor chief executive to head Arch Company

Craig McWilliam, the former chief executive of Grosvenor Britain & Ireland, has taken a new role heading the Arch Company, which owns the network of business premises under railway arches across London and elsewhere in the UK.

He will become chief executive of the company in January 2022. Managing director Adam Dakin and asset director Graeme Hunter will continue to work with the company in part-time roles.

McWilliam joined the board of Grosvenor’s UK business in 2010, overseeing its London estate and becoming chief executive in 2017. He was expected to replace Mark Preston as group chief executive from the end of last year but left the group in January 2020. James Raynor, chief executive of Grosvenor’s European division, took McWilliam’s place as head of the Britain and Ireland business.

McWilliam has since worked as programme director for the new hospitals programme run by the NHS and the Department of Health and Social Care, as well as capacity delivery director at NHS England. The Arch Company was set up in 2018 when Blackstone Property Partners and Telereal Trillium struck a £1.5bn deal to buy the 5,200-strong arches portfolio from Network Rail.

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